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mikar

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mikar

Re: rjanderson383 post# 23017

Friday, 04/12/2013 1:19:07 AM

Friday, April 12, 2013 1:19:07 AM

Post# of 794466
The Gov'ts original intentions was to replace FNMA, FMCC with a new entity which would be private. Common stock would be worthless.
Some combo of private and public entity has been mentioned. No details given.
Going back to the way it was before 2008. The preferreds shareholders and hedge funds are lobbying hard against this.
The CEO doesn't have an answer other than to say we'll be profitable for years to come and he "hopes the Gov't deals with it sooner than later".
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